1935-01-02 — Page 12

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SAFETY FIRST.

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KINGS!

LAST TWO DAYS AT 2.30, 5.10, 7.15 & 9.30 P.M..

365 LAUGHS! 365 THRILLS!

365

MORE LAUGHS!

and a

VALICE FAYE

SINGS AGAIN

MORE SOI

Hall in 365

NIGHTS in HOLLYWOOD

A FOX Picture with

JAMES DUNN ALICE FAYE MITCHELL and DURANT

JOHN BRADFORD Produced by Sol M. Ward Directed by George Marshall Based on a book of short series by Jiminy Starr

ALSO

BUSTER KEATON in

“THE GOLD GHOST"

DOROTHEA WIECK

A

NEXT

CHANGE

IN

"CRADLE SONG"

Panmount

Picture.

• SHOWS

DALLY.

1.00-$18

7.11-4.00

PLEAS

BROWS

WAMOKA

TEL 010

TAKEANT THAN OR HAPPY VALLEY SUB-

ORIENTAL

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COMBINED STAGE AND SCREEN PERFORMANCE

FAMOUS EUROPEAN

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YOLA & PAUL DANCE

CREATIONS

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ORIGINAL

China Mail

NINETIETH YEAR OF PUBLICATION

HONG KONG, WEDNESDAY, JANUARY 2, 1935.

BRITAIN'S REVENUE U.S. SHIPYARD

RETURNS

Adverse Margin For Nine Months

INCOME TAX MAY YET PRODUCE SURPLUS

OUTPUT SMALLEST

SINCE 1908

CUSTOMS REVENUE DECREASE

$4,900,000 Less Than Last Year

But Navy Building Augurs Well For 1935

INDUSTRIAL PROFITS SHOW 70 PER CENT, INCREASE

New York, Today,

AMOY ALONE HOLDS OWN

Nanking, To-day, London, To-day.

Customs revenue during 1984 de Although there is some dlaap-

creased by $4,900,000, as compared pointment here over the nine

with last year, according to the months' revenue figures when com- The output of American ship returns issued by the Minister of paring them with Tast year's, it is yards for 1934 is estimated at 240 Finance, Dr. H. H. Kung.

There was an increase of revenue generally opined that they are fair. merchant ships totalling 76,567

ly satisfactory. As pointed out, tons and 10 naval vessels totalling in Amoy only, a decrease being last year's nine months' deficit. be 70,600 tons, the smallest output registered at Shanghai, Tientsin, came a substantial balance by since 1908, but the outlook for. 1985 Kinochow, Hankow, Canton, Kow- Dudget day.

is described as encouraging, chiefloon, and Swatow. Reuter,

This year's wide adverse margin ly owing to the Navy's building is due largely to the expansion of programme. supplementary expenditures in dis- tressed areas made by the Unem-made by the Federal Reserve Board,

According to a business survey

LOCAL DOLLAR STEADY

ployment Assistance Board, while industrial prosts for the fun Silver Prices Unquoted these notwithstanding no payments months of the year showed an were made to the United States. increase of 70 per cent. over the

dollar is steady,

Whether a surplus will again be corresponding period of last year. The local available on Budget day depends The increase is due chiefly to In-opening on demand this morning at entirely on the buoyancy of the in-creased earnings in the first six 1/B2.

72

come tax returns. The Times months. Profite of the utility and Spot and forward silver prices points out that one lesson is to be railroad companies are below those were not quoted owing to the mar learned from the revenue figures; of last year.

ket being closed. The Board estimates that cash the necessity on the part of the Government to keep strict control of returns to the farmers for the first expenditure, otherwise all hopes of 10 months of 1934 amounted to a further remission of taxes will $5,045,000,000, as compared with disappear and a Budget deficit will $4,099,000,000 last year. Reuter. Jagain loom up---Reuter.

£110,000,000 DEFICIT year, with expenditure at £523,000,-

But Small Surplus Expected

1000, an increase of £9,000,000. The deficit stands at £110,000,000, as (compared with 598,000,000 a year

ago.

The London on New York eross. rates was quoted at £-U.S.$4.945%, as compared with U.S.$4.9834

The New York on London rate was not quoted owing to the holiday.

NEW DESTROYERS DUE TO MORROW Diana Left Behind At Singapore

·Heavy additional expenditure not BRITISH TREASURY RETURNS provided for in the Budget is still The Eighth Destroyer flotilla, to be accounted for, and uncertainty formerly the first Flotilla from the London, To-day. with regard to some items of re- Mediterranean, is expected to arrive Treasury returns for nine months venue discourage optimism in re from Singapore via Manila, to-mor of the financial year show revenue gard to the outcome of the Budget row morning.

at $418,000,000, a decrease of for the year ending March 31, but H.M.S. Diana, of the same flotilla nearly £9,000,000, as compared with present indications are that there was left behind at Singapore and the corresponding period of last will be a small surplus-Reuter will arrive at a later date.

DRAMA THAT WILL ECHO

SHOWING

DOWN THE AGES!

TO-DAY

EDWARD 4.

ROBINSON SILVER DOLLAR

First National's fabulous epic of human beats Cast of Thousands Including Bibs Danids, Aline MacMahon, Robert Warwick, Jobyma Hoyland-4 Stars in Liberty Higgang, WM

MAJESTIC

TO-DAY ONLY AT 2.30, 5.20, 7.20 & 9.20 P.M.

"TO HELL WITH GLORY,

MY CABALLEROS.......WE FIGHT FOR BREAD AND WOMENT”

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METRO'S GEM OF ALL MUSICALS.

JEANT THE

McDONALI

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Franz who's immortal romance

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BEST RADIO REPAIR SERVICE

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28, Des Voeux Road, C.-Phone: 28581 Canton Branch: 198 Wat Ol Rd., C. Tel: 17247 DISTRIBUTORS FOR RCA VICTOR

The House of Premiere, showing of the Best Pictures at the Most Popular Prices. Peri Sound and Vision:

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Nathan Road Kowloon, Phone No. 56856. SHOWING TO-DAY AT 2.30. 5.20, 7.20 & 9.20 PM,

THE NATION'S SENSATION

Cone Year ago was "Gold Biggers Today It's Warner Bros.

ames

100'S OF GIRLS

RUBY KEELER DICK POWELL JOAN BLONDELL

∙ZASU PITTS OTHER STARS

also the Latest

Merrie Melody in Technicolor "The Beauty & The Beast"

First

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Popular Prices

**20c. 40c. 70€;

Servicemen 30e.

TO-DAY & TO-MORROW AT 2.30, 5.20, 7.20 & 9.20 P.BL

Paramount's Pink- kneed rhapsody, of сатрив catles and grandsland #glødis.... tors Bet to Music

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HUMOR ING CROSBY GEORGE BURNS GRACIE ALLEN RICHARD ARLEN MARY CARLISTE JACK OAKIE

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ROOSEVELT TAKES

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Reiterates Opposition Against Bonus Bill

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EUMOREOPOULOS ART COLLECTION TO BE BOUGHT FOR BRITAIN

PUBLIC BSCRIPTIONS INVITED

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